[ad_1]
Michele Glaze, director of Samsung Austin Semiconductor, said the company “is continuing our due diligence in multiple locations for possible future expansion. At this point in time, however, no decision has been made.
“We are fortunate to be considering options in Arizona, New York (Genesee County), and Texas, and we are continuing discussions with each location,” said Glaze.
“We consider several factors ranging from a strong talent pool, semiconductor ecosystem, competitive economic development opportunities, and stable utility infrastructure,” she said.
A massive investment could soon be in Austin: Samsung Austin Semiconductor is considering building a multi-billion dollar chip manufacturing facility on its north Austin campus.
By Matt Glynn News Business Reporter
Glaze didn’t say when Samsung would choose a location. The Genesee County’s Economic Development Center declined to comment on its efforts to attract the Samsung project.
In documents filed with the Texas Comptroller of Public Accounts, Samsung disclosed some details about its selection process and schedule.
The company said if it chooses the Williamson County location, construction will begin in the first quarter of 2022 and production will begin in the fourth quarter of 2024.
The boundaries of STAMP in Genesee County.
Samsung uses four criteria to evaluate locations in Texas, Arizona, and Genesee Counties: access to talent, existing semiconductor manufacturing ecosystem, rapid time to market, and strong public-private partnerships.
[ad_2]
